Texas Appeals Court Reverses Tom DeLay Conviction

Law360, Dallas (September 19, 2013, 10:46 PM EDT) -- A Texas appellate court on Thursday reversed a money laundering conviction against former U.S. House Majority Leader Tom Delay, finding there was not sufficient evidence to support jury findings that DeLay wrongly diverted corporate donations to Republican candidates.

A trial judge in 2010 convicted DeLay of one count each of money laundering of funds $100,000 or more and conspiracy to commit money laundering, with the state claiming DeLay illegally funneled corporate donations from his political action committee into cash donations to individual candidates in what they...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.